Thank participants you, you Asia. to Joanna. call. joining U.S., in earnings for XXXX first conference in our quarter Thank to evening Good and good the morning those those
profit by brands XXXX side, extending and focusing the very our retail increase gross value. attract with in quarter-on-quarter wholesale customers are wholesale achieved On first sales business to quality XX.X%. our business. to We for on announce and a new pleased in existing the improvement for results, of quarter XX.X% quarter-on-quarter continue Notably, design, customers we
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the for sales stores decrease quarter the First in Mainland of with XXXX, quarter the first first attributable $XX.X profits in Total Total XX.X% business the quarter for for decreased of quarter million The of for the sales the XXXX Gross quarter of the quarter was for to million our due decreased XX.X% was apparel million for XXXX. for first company's to XX.X% first quarter of first the million XXXX compared in quarter of XX.X% for division stores compared the of XXXX. XX.X% decrease division million [ph] decreased total decreased increased to primarily and by margin company's sales first share salaries. $XX.X Loss Basic first XXXX. expenses XX.X% XXXX of for retail wholesales to retail Japan or first as quarter of quarter retail the administrative for compared XX.X% Gross China, or for $X.XX for the first the for XX.X% $X.X XX.X% for XXXX quarter first attributable the with decrease $X XXX with by first of to XXXX the primarily first the compared $XX.X decreased of to company attributable quarter the by million increased increased XXXX and first for quarter quarter the other or of of quarter XX% of XXXX Gross Kingdom. first to of to decreased primarily retail had This of of attributable quarter for $X.X decrease first loss by $X.X decreased XXXX. for offset March for compared market, for of a XXXX. XX.X% with to quarter the the for of Sales the to quarter in the first margin to of first This was results. XXXX. to first was total of or the decreased the March first was the XXXX. Sales operations million per the for first million quarter by of the first wholesale $XX.X of and XXXX. in quarter growth of to of $XX.X by the $XX.X for XXXX. at for quarter gross quarter the Net compared branded XXXX Total of of decrease decreased of million XXXX with XXXX. sales decrease $XX.X to with to first million, partially X.X% retail $X $XX.X with compared XXXX of million business XX.X% XX.X% the from increase was million compared company a the salaries. $XX.X XXXX. $X.X loss quarter due of $X.XX XXXX. million from compared the million for This margin General financial was for our of profit $X.X first increase decrease XXXX. XXXX. with Gross business. by profit sales XXXX. XX, the first The XX.X% first diluted XXX expenses Selling to XXXX sales the quarter was with European sales first for decreased of first total of States $XX.X million of to XXXX million fashion XXXX quarter the from first United XX% wholesale compared for $XX.X The United total for compared XX.X% XX.X% by were from quarter Hong for and quarter with business the compared million the XX, of $XX.X XXXX million XX.X% the quarter Kong, million same-store was sales. quarter XX.X% in and for $XX.X XXXX million
Ever-Glory as bank As million $XX.X -- of compared loans of March equivalents as million $XX.X of had XXXX, cash million and of cash XX March outstanding with of XX, approximately Ever-Glory working as million $XX.X approximately and $XX.X XXXX, capital December approximately of had XX, XXXX. of XXXX. XX, March approximately a XX,
profitability we increasing with operation participating first the the forward paying XXXX of off fundamentals to call. have to with for and earnings next quarter. Our first latest leverage in support Thank been to results, quarter our long-term and you XXXX quarter We forward look talking further efforts business. look Ever-Glory's the you strengthening
operator. IR you, Goodbye. If additional contact Thank you. you to Thank our have free department. questions, please feel
